Did you know that online retail is expected to grow from nine to 13 percent of all retail sales over the next several years? Several studies estimate that the number of American people shopping online will increase from 137 to 175 million by 2016.

What does this mean for your company? It is important that companies operating online are able to process payments quickly, correctly, and safely. Being able to accept card payments online and offline is no longer an option for most merchants. When you are looking for payment processing companies to work with, there are several things you should know.

1. Credit card processing systems basically come in three different levels. Each processing level provides information to credit companies about the transaction, including a description, the postal code Continue reading →